Arthedge Capital Management LLC Purchases 84,860 Shares of Amazon.com, Inc. $AMZN

Key Points

• Arthedge Capital Management purchased 84,860 Amazon shares in the second quarter, valued at approximately $20.2 million, making Amazon its third-largest holding.
• Analyst sentiment remains positive: 56 analysts rate Amazon a Buy and three rate it Hold, with a “Moderate Buy” consensus and an average price target of $321.19.
• Amazon reported strong quarterly results, with $5.75 in EPS and $200.61 billion in revenue, while insiders sold 71,589 shares worth approximately $18.6 million over the past 90 days.

Arthedge Capital Management LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 84,860 shares of the e-commerce giant's stock, valued at approximately $20,225,532. Amazon.com makes up about 0.0% of Arthedge Capital Management LLC's investment portfolio, making the stock its 3rd largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bard Associates Inc. purchased a new stake in Amazon.com in the second quarter valued at about $32,000. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com in the second quarter worth about $33,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com during the fourth quarter worth about $45,000. Prudent Man Investment Management Inc. grew its stake in shares of Amazon.com by 87.7% during the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock worth $53,000 after acquiring an additional 107 shares during the last quarter. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Amazon.com during the fourth quarter valued at about $68,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research analyst reports. Wolfe Research reaffirmed an "outperform" rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. DA Davidson reissued a "neutral" rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Evercore set a $355.00 price target on shares of Amazon.com and gave the company an "outperform" rating in a research note on Friday, August 28th. Wedbush raised their price target on shares of Amazon.com from $293.00 to $310.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Finally, Benchmark lifted their price objective on shares of Amazon.com from $370.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Fifty-six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $321.19.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 6,362 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the sale, the chief executive officer directly owned 476,681 shares of the company's stock, valued at approximately $123,465,145.81. This trade represents a 1.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the transaction, the chief financial officer owned 109,207 shares of the company's stock, valued at $28,427,674.17. The trade was a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 over the last ninety days. Corporate insiders own 8.90% of the company's stock.

Key Stories Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India's fast-delivery boom
• Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites
• Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case.
• Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub
• Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse
• Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages.
• Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit
• Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang.

Amazon.com Stock Performance

AMZN opened at $249.38 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The firm has a 50 day moving average of $256.34 and a two-hundred day moving average of $246.95. The firm has a market capitalization of $2.69 trillion, a PE ratio of 20.06, a P/E/G ratio of 1.98 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.68 EPS. On average, analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current year.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon's websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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